Exam
Name___________________________________
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers
the question.
1)
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Microeconomics Exam: Multiple Choice Questions on Market Structures and Competition - Prof, Quizzes of Managerial Economics
Multiple choice questions for an economics exam, covering topics such as concentration ratios, oligopolies, monopolies, and barriers to entry. Students are required to choose the best answer for each question.
Typology: Quizzes
2011/2012
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Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
If an industry is made up of five identical firms, the four-firm concentration ratio is
_______
A)
C)
D)
_______
A)
There are many large stores such as Wal-Mart, Target, Kohl's, in this industry. C)
There is cut-throat competition in this industry because there are no entry barriers. D)
In an oligopoly market